EUR/USD Current price: 1.3542


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The EUR/USD trades around 1.3550, having reached a daily high of 1.3570, a few pips below past week one of 1.3578. The hourly chart shows price above a slightly bullish 20 SMA while indicators stand flat in positive territory, lacking strength despite the positive tone. Being the last week of the month, there’s little data around to trigger some action, beside the continued Central Bank officers jawboning. Later today, US Consumer confidence can bring some entertainment, but market remains quite reluctant to move too far away. Better than expected housing readings in the US had barely moved the market with the pair now trapped in the 1.3470/1.3580 range. 


Support levels: 1.3520 1.3470 1.3430


Resistance levels: 1.3550 1.3580 1.3620



GBP/USD Current price: 1.6143


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The GBP/USD seems unable to regain the ground lost yesterday, and after faltering below 1.6200, the pair approaches to yesterday’s low of 1.6032. The hourly chart shows price accelerating below its 20 SMA and indicators turning south around their midlines, while the 4 hours chart shows indicators in neutral territory with no signs of direction at the time being. Price needs either to regain the 1.62 mark of breach mentioned low to be able to set a more directional movement for the upcoming sessions.


Support levels: 1.6120 1.6085 1.6040


Resistance levels: 1.6160 1.6190 1.6225 



USD/JPY Current price: 101.46


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The USD/JPY trades with a slightly negative tone, pressuring this week low of 101.30. The hourly chart shows indicators below their midlines although aiming higher, while 100 SMA maintains a strong bullish slope offering dynamic support around 101.10 today. In the 4 hours chart indicators head strongly south approaching their midlines, suggesting a price acceleration below mentioned low may favor a bearish run towards former high around 100.45.


Support levels: 101.30 101.05 100.45


Resistance levels: 102.00 102.30 102.65



AUD/USD Current price: 0.9102


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The AUD/USD trades at fresh 2 months low despite some upward corrective movement during Asian hours, ready to break below the 0.9100 mark. The hourly chart shows a strong bearish tone coming from technical readings, despite being today its fifth day in a row of losses. In the 4 hours chart 20 SMA capped the upside and maintains a strong bearish slope, offering now dynamic resistance around 0.9170, while indicators corrected extreme oversold conditions and turn back lower in negative territory, favoring a continued slide towards 0.8890 for the upcoming sessions.


Support levels: 0.9100 0.9060 0.9020


Resistance levels: 0.9120 0.9170 0.9210















































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